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2018 December 20   13:03

BC Ferries plans to spend $ 57 mln at British Columbia shipyards this fiscal year

BC Ferries annual vessel maintenance season is well underway and the company is poised to spend $ 57 million in British Columbia with various marine service suppliers to support its fleet during the current refit cycle this fiscal year. Over the past decade, BC Ferries spent more than $1 billion at British Columbia  shipyards, equivalent to the value of building 10 new ships.

BC Ferries sources  local suppliers to complete  necessary upgrades on its fleet of 36 vessels including repairs, dry -docking, and life extension projects. Shipyards  including  Vancouver Drydock  (Seaspan), Point Hope Shipyard, Esquimalt  Drydock, Esquimalt Graving Dock and Allied Shipbuilders  as well as BC Ferries own shipyard, the Fleet Maintenance Unit (FMU) in Richmond, BC  have all completed work for the ferry company.

BC Ferries is a significant contributor to the BC economy. Including the refit work, the company spends $200 million annually on ships, terminals and information technology  infrastructure in British Columbia and generates  $100 million in annual  government  tax revenue.  This is in on top of the $4.4 billion in payroll and $1.4 billion in fuel procurement since 2003. 

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